Future-proofing Toolkit

Future-proofing Toolkit

Inspired by the Well-Being of Future Generations of Wales Act, businesses, the public sector and people across Wales are taking steps to make the nation a better place to live and work. You can join the journey by future-proofing your business to enhance its sustainability and prosperity.

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Future-proofing Toolkit

Well-Being of Future Generations of Wales Act

Wales faces a number of challenges now and in the future, such as climate change, poverty, health inequalities and jobs and growth. To tackle these the Act recognises we need to work together. To give current and future generations a good quality of life we need to think about the long-term impact of the decisions we make.

How the Future-proofing Toolkit works
Future-proofing Toolkit

How the Future-proofing Toolkit works

Step 1

Sign in, or sign up for, your SOC account

Step 2

Use this guide to see how prepared you are for the future

Step 3

Download your free report to support your own action plan

Step 4

Access further support with your Business Wales Advisor

The Seven Well-Being Goals
Future-proofing Toolkit

The Seven Well-Being Goals

The Seven Well-Being Goals are useful principles for creating stronger, robust businesses.

Prosperous business

When your business does well, this has a positive impact on your supply chain and your employees, enhancing prosperity for all.

Resilient business

Your resilient business has the capacity and capability to adapt to change, the ability to weather good times and bad.

Equal opportunity

Your business enables your staff, supply chain and customers to fulfil their potential, no matter what their background. You operate an environment where everyone takes responsibility for promoting equality.

Healthy business environment

Your business supports the physical and mental well-being of your staff and enables them to make healthy choices.

Connected communities

Your business makes connections to your local community. You promote internal and external activities that help create attractive, viable, safe communities in which to live and work.

Vibrant cultures and Welsh language

Everyone living and working in Wales can help celebrate the cultures and traditions of the people who call Wales home. Your business can be part of that too, from promoting Welsh national identity and language to supporting sport, multicultural and heritage projects and many things beside.

Globally responsible business

We are citizens of the world. Every one of us is responsible for our local contribution to global well-being, including the economic, social, environmental and cultural impact of our actions.

The Five Ways of Working
Future-proofing Toolkit

The Five Ways of Working

The Well-Being of Future Generations Act promotes five ways of working that can help organisations avoid repeating past mistakes and be better equipped to tackle long-term challenges. These represent a great best practice guide. Can you apply them to your business operation and strategy?

Long-term

Remember to consider your long-term goals and their impacts when aiming to meet short-term needs.

Integration

Align your business objectives with your Future-Proofing Goals to guarantee a robust and healthy business both now and in the future.

Involvement

Engage people at all levels, from both within and beyond the borders of your organisation to help you achieve your goals.

Collaboration

Create opportunities to work collaboratively inside and outside your business to assist you in meeting your objectives, as well as the needs of future generations.

Prevention

Recognise and avoid potential problems facing your business – as well as any it might cause - through proactive planning and contingencies.

Future-proofing Toolkit

Real life examples

The following short films highlight how some companies in Wales have utilised sustainability principles alongside their daily activities. You’ll also be able to see how they have embraced the Well-being of Future Generations and how they have embedded elements of the act within their business. Small changes can make a big difference to a business and its future.

RM Group

RM Group

RM Group have looked at tackling regional equality and promoting fair work. The way in which they work means they sit within 3 areas of the 7 goals:

  • A prosperous Wales
  • A Wales of cohesive communities
  • A more equal Wales
Riversimple

Riversimple

Riversimple have looked at driving sustainable growth and combatting climate change. The way in which they work means that they sit within 4 areas of the 7 goals:

  • A globally responsible Wales
  • A prosperous Wales
  • A resilient Wales
  • A Wales of Cohesive Communities
Future-proofing Toolkit

Let’s get started

The Business Future-proofing Toolkit will help you on the journey in preparing your business for the future.

Future-proofing Toolkit

Our team of Business Advisors can provide practical help on how to future-proof your business.

Contact an advisor

03000 6 03000